SOURCE: Trey Resources, Inc.

November 17, 2010 14:13 ET

Trey Resources Announces Its Stock Is Cleared to Resume Trading on OTC Bulletin Board

LIVINGSTON, NJ--(Marketwire - November 17, 2010) - Trey Resources, Inc. (OTCBB: TYRIA) announced today its common stock has been cleared by FINRA for trading on the OTC Bulletin Board. The Company's stock has been trading on the Pink Sheets since October 6, 2010, when, through no fault of the Company's, certain market makers withdrew their Form 15c-211 from FINRA, which resulted in the Company falling from the bulletin board to the pink sheets. Absent any further regulatory requests, it is anticipated that the Company's stock will resume trading on the bulletin board in the next several days.

Mark Meller, CEO of Trey Resources, stated, "The largest market makers have apparently decided to run their trades through the pink sheet system because of dramatic increases in OTCBB trading fees. Accordingly, we have had to work diligently over the past 6 weeks to arrange for other market makers to file a 15c-211 on our behalf. This has been accomplished. The change had nothing to do with our corporate activity. We remain current on all of our filings and will of course remain a reporting company."

About Trey Resources
Trey Resources is involved in the acquisition and build-out of technology and software companies. The Company's growth strategy is to acquire firms in this extensive and expanding, but highly fragmented segment, as it seeks to create substantial value for shareholders. Since June 2004, Trey has acquired SWK Technologies, Inc., Business Tech Solutions Group, Inc., Wolen Katz Associates, and AMP-BEST Consulting, Inc. For more information, visit www.treyresources.com, www.swktech.com, www.mapadoc.com, or contact Trey Resources CEO Mark Meller at (973) 758-9555 or by e-mail at mark.meller@swktech.com.

This news release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended, regarding among other things our plans, strategies and prospects -- both business and financial. Although we believe that our plans, intentions and expectations reflected in or suggested by these forward-looking statements are reasonable, we cannot assure you that we will achieve or realize these plans, intentions or expectations. Forward-looking statements are inherently subject to risks, uncertainties and assumptions. Many of the forward-looking statements contained in this news release may be identified by the use of forward-looking words such as "believe," "expect," "anticipate," "should," "planned," "will," "may," "intend," "estimated," and "potential," among others. Important factors that could cause actual results to differ materially from the forward-looking statements we make in this news release include market conditions and those set forth in reports or documents that we file from time to time with the United States Securities and Exchange Commission. All forward-looking statements attributable to Trey Resources, Inc. or a person acting on its behalf are expressly qualified in their entirety by this cautionary language.

Contact Information

  • Contact
    Trey Resources
    Mark Meller
    CEO
    (973) 758-9555
    Email Contact